CSC HOLDINGS INC
SC 13D/A, 1998-08-07
CABLE & OTHER PAY TELEVISION SERVICES
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*

                         Cablevision Systems Corporation
                                (Name of Issuer)

                 Class A Common Stock, par value $.01 per share
                         (Title of Class of Securities)

                                   12686C-10-9
                                 (CUSIP Number)

                              Bruce D. Haims, Esq.
                              Debevoise & Plimpton
                                875 Third Avenue
                               New York, NY 10022
                                 (212) 909-6000
       (Name, Address and Telephone Number of Person Authorized to Receive
                          Notices and Communications)

                                  June 30, 1998
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(3), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].

Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7(b) for
other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                       (Continued on the following pages)
<PAGE>   2
CUSIP No. 12668C-10-9             13D                      Page 2 of 6 Pages



- -------------------------------------------------------------------------------

1        NAME OF REPORTING PERSON                      Deborah Dolan-Sweeney
         S.S. OR I.R.S. IDENTIFICATION NO.
         OF ABOVE PERSON                               SS:  ###-##-####

- -------------------------------------------------------------------------------

2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (a) [ ]
                                                                     (b) [ ]

- -------------------------------------------------------------------------------

3        SEC USE ONLY

- -------------------------------------------------------------------------------

4        SOURCE OF FUNDS
                                                                     OO

- -------------------------------------------------------------------------------

5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
         TO ITEMS 2(d) OR 2(e)                                       [ ]

- -------------------------------------------------------------------------------

6        CITIZENSHIP OR PLACE OF ORGANIZATION
                                                                     U.S.A.
- -------------------------------------------------------------------------------

                           7        SOLE VOTING POWER                2,000*
 NUMBER OF
   SHARES                                                         
BENEFICIALLY               8        SHARED VOTING POWER          2,433,482*
  OWNED BY
    EACH                                                             
  REPORTING                9        SOLE DISPOSITIVE POWER           2,000*
   PERSON
    WITH                                                           
                           10       SHARED DISPOSITIVE POWER     2,433,482*

                                                                 
- -------------------------------------------------------------------------------

11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                     2,435,482*
- -------------------------------------------------------------------------------

12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
         SHARES                                                      [ ]
- -------------------------------------------------------------------------------

13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                                                                     4.5%**
- -------------------------------------------------------------------------------

14       TYPE OF REPORTING PERSON
                                                                     IN

- -------------------------------------------------------------------------------


*        Total reflects shares received as a result of 2-for-1 stock split on
         March 30, 1998.
**       Based on increase in number of outstanding shares.
<PAGE>   3
CUSIP No. 12668C-10-9             13D                      Page 3 of 6 Pages



                    CONTINUATION PAGES OF AMENDMENT NO. 2 TO
                       STATEMENT ON SCHEDULE 13D FILED BY
               DEBORAH DOLAN-SWEENEY, INDIVIDUALLY AND AS TRUSTEE

                  This Amendment No. 2 to the Schedule 13D, dated November 15,
1994, and as amended by Amendment No. 1 thereto, dated June 27, 1997 (as so
amended, the "Schedule 13D"), previously filed by Deborah Dolan-Sweeney ("Mrs.
Dolan-Sweeney"), relates to Mrs. Dolan-Sweeney's beneficial ownership of stock
of Cablevision Systems Corporation, a Delaware corporation (the "Issuer"). The
cover page, Item 5 and Exhibit A are hereby supplemented and amended.

Item 5. INTEREST IN SECURITIES OF THE ISSUER.

                  (a) As of June 30, 1998, including shares received as the
result of a 2-for-1 stock split on March 30, 1998, Mrs. Dolan-Sweeney may be
deemed to beneficially own an aggregate of 2,235,482 shares of Class A Common
Stock, par value $.01 per share of the Issuer (the "Class A Common Stock") as a
result of her beneficial ownership of (i) 1,633,482 shares of Class B Common
Stock, par value $.01 per share, of the Issuer (the "Class B Common Stock")
which are convertible at the option of the holder share for share into Class A
Common Stock and (ii) 802,000 shares of Class A Common Stock. Based on an
increase in the number of shares outstanding, this aggregate amount represents
approximately 4.5% of the outstanding shares of Class A Common Stock (including
shares of Class A Common Stock issuable upon the conversion of shares of the
Class B Common Stock).

                  (b) Mrs. Dolan-Sweeney has the (i) sole power to vote or to
direct the vote of 2,000 shares of Class A Common Stock; (ii) shared power to
vote or direct the vote of 800,000 shares of Class A Common Stock; (iii) shared
power to vote or direct the vote of 1,633,482 shares of Class B Common Stock
convertible into Class A Common Stock; (iv) sole power to dispose or to direct
the disposition of 2,000 shares of Class A Common Stock; (v) shared power to
dispose or to direct the disposition of 800,000 shares of Class A Common Stock;
and (iv) shared power to dispose or to direct the disposition of 1,633,482
shares of Class B Common Stock convertible into Class A Common Stock. See
Exhibit A.

                  (c) On June 30, 1998, Mr. Charles F. Dolan contributed 530,000
shares of Class A Common Stock to the Dolan Children's Foundation.

                  (d)      See Exhibit A.
<PAGE>   4
CUSIP No. 12668C-10-9             13D                      Page 4 of 6 Pages



                  (e) Prior to June 30, 1998, Mrs. Dolan-Sweeney ceased to be
the beneficial owner of more than 5% of the class of securities, due to an
increase in the number of outstanding shares.
<PAGE>   5
CUSIP No. 12668C-10-9             13D                      Page 5 of 6 Pages




                                    SIGNATURE

                  After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement with respect
to the undersigned is true, complete and correct.

Dated:        August 7, 1998

                      Signature:   /s/ Deborah Dolan-Sweeney
                                   By William A. Frewin, Jr.
                                  --------------------------------
                      Name/Title: Deborah Dolan-Sweeney,
                                  individually, as a Trustee
                                  of each of the following Trusts:
                                    Dolan Progeny Trust
                                    DC Deborah Trust
                                  and as a Director of the
                                  Dolan Children's Foundation
                                  By William A. Frewin, Jr., as
                                    attorney-in-fact

<PAGE>   1
CUSIP No. 12668C-10-9             13D                      Page 6 of 6 Pages


                                    Exhibit A

                  Exhibit A is hereby supplemented and amended by adding the
following as the third paragraph thereto:

                  As of June 30, 1998, the Dolan Children's Foundation owns
800,000 Class A Common Stock, including 530,000 shares of Class A Common Stock
received as a gift from Mr. Dolan. Mrs. Dolan-Sweeney individually owns 2,000
shares of Class A Common Stock. In addition, as of June 30, 1998, the Trusts
listed below own an aggregate of 1,633,482 shares of Class B Common Stock. All
totals reflect shares received as a result of Issuer's March 30, 1998 2-for-1
stock split.


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